Online Casino Payment Methods – Cards, Digital Purses, and More
This may not come as a big surprise to you, but let’s look at some statistics: among the main concerns of online casino users are payment methods and security when it comes to financial transactions. Obviously this is also a topic of interest to you because you are here reading, so let’s get to the point.
On this page, you will find information about how to deposit and withdraw money at online casinos using different payment methods. Find out which cards and digital purses you can use, and also all the details about processing deposits and withdrawals.
Using Credit Cards to Make Deposits at Online Casinos
When you thoroughly review all the online casinos, you quickly notice that the only payment method accepted at each of the sites is credit cards. This method of payment is used without problems on the web, not just on gambling sites, as it offers greater flexibility and convenience.
If you’ve already used a credit card as a payment method on the web, you surely know the full range of possibilities, facilities and availability they offer. Making a deposit in an online casino is one of the simplest and most direct things that exist, that’s why it’s very rare that you find complications in this matter.
The brands that are always present are Visa and MasterCard, you can think of them as the popular kids that everyone wants at their table; while American Express needs first an approval before joining the club. For Prepaid Cards though we are looking at services like Paysafe, Visa prepaid, Mastercard prepaid, etc.
According to the EU Payment Services Directive, companies cannot add surcharges to credit or debit card payments, including American Express and related payment methods such as PayPal or Apple Pay, so you can see why cards are a preferred method for deposits and withdrawals from casinos.
To find out what kind of cards you can use, go to the bottom of the home page of the online casino you chose and pay attention to the logos that appear there, or you can also read the terms and conditions. Then, just go to the section in your account where your financial balance is located and select the option you like best to make the payment.
After you have provided all the required information, your payment should be processed instantly so that your funds are available and you can start playing and betting as soon as possible. It’s that simple. Please note that casinos may apply different withdrawal and deposit limits depending on each payment method.
One good example of a type of Prepaid Card is of course Paysafecard:
How to use Prepaid Cards at an online casino
How to Make a Deposit with a Credit or Debit Card
The method is as easy and simple as any other payment system. Access your account at the online casino where you play, and go to the deposit section.
The steps to make a deposit with a credit or debit card at a casino are very simple and similar to the steps to complete any online purchase:
Enter your billing address
Indicate your card number
Adding the expiration date
Indicate your full name
Insert the security code (CVC)
Specify the amount of money to be deposited
Press the deposit button
Once you follow these steps, your deposit will be instantly added to your online casino account, so it is crucial that the card from which you make the deposit is in your name.
Credit card casino
Most casinos that accept credit cards also accept debit cards, so you should also consider using the latter to avoid additional charges.
Advantages of using Prepaid Cards on online casinos
Although using the card at casinos has great advantages, like all other payment methods, there are also certain disadvantages to be considered. The concept of a credit card casino is already a disadvantage in itself, since, after all, you are technically betting money that is not yours.
If your financial situation is not healthy and your bank account and finances are empty, and you use your credit card in the hope of making money, this may not be the best idea. Also, it’s important to consider that credit card companies usually charge you for using their cards.
Credit cards allow large deposits and withdrawals
The availability of credit offers you freedom without ties or complex procedures
Debit cards usually have lower fees
Spending control is immediate
On the other hand, credit card withdrawals may take a little longer to become effective than other payment methods.
Benefits when using Prepaid Cards
Almost everything is of benefit when using a debit or credit card. It is our own with name and surname, the security systems are very high in the use of cards, it is linked to our bank account, we can set spending limits… Sometimes there are even promotions from banks for the use of cards to pay.
In addition, if you pay by card in an online casino we will also be able to withdraw the money you win to the same card.
How to set up an account with Prepaid Cards
Although there are many new payment options available today, something most people have easy access to are debit and credit cards. That makes them the number one choice among players when it comes to depositing money into their casino account.
If you have a Visa or MasterCard, you should have no problem making a deposit as they are available in almost every country and are sometimes the only option players have for depositing and withdrawing winnings from the game.
There are many ways you can use to set up through your mobile device (all casinos, credit card companies and e-wallets have practical applications), but there is also a way to set up with your mobile. To set up with your mobile, you don’t need credit cards, virtual wallets, cash, or anything else.
All you need is your loyal companion: the smartphone. When you use a casino that supports this option, “Pay by Mobile / Phone” will appear in your user account along with the other allowed payment methods. When you select it, all you have to do is enter the amount you wish to deposit and your phone number.
You will then receive a text to confirm the payment. And that’s it. Your deposit along with your account will be processed instantly and charged to your phone bill. Although the service has its advantages, such as complete anonymity and instant processing.
Prepaid Cards FAQ – Frequently Asked Questions
Is it convenient, fast and safe to use credit cards at the casino?
Using a credit card at online casinos is a fast, secure and reliable method of depositing or withdrawing funds from your account. Although all casinos support them, it is important to make sure that you are playing at a licensed and reliable operator.
Can You Play Slot Machines With Credit Cards?
Yes, credit card deposits and certain withdrawals can be made easily and securely. If you get winnings after playing the slot machines, poker or table games in your casino account, you can usually withdraw the money using the same card. In some cases, the system will only allow you to cash out with a credit card if this was the same card you used to deposit or pay.
What Is The Minimum Credit Card Deposit?
Each new casino sets its own standards for deposit and withdrawal limits, but the minimum for both operations is usually around 100 rupees, which is ideal for beginners and casual gamblers. On the other hand, there is usually no limit on deposits or withdrawals with credit cards, which is excellent for so-called big casino players, who enjoy extensive gaming experience and make bets of thousands of rupees. In conclusion, credit cards are an ideal payment option no matter what type of player you are.